CFD
USOIL LONG TRADESharp correction wave ended at level 9.90
then bullish movement occurred breaking major downtrendline
Price is based above SMA 100 on H1 frame
MACD shows bullish momentum
It's expected to first target the key level at 20.80
then going down to retest uptrendline
then finally target the resistance level near 27.35
XAUUSD | Double Top Update Please support this idea with LIKE if you find it useful.
From previous idea we have a Double Top. Currently price is testing Support Node which contains Support Trendline + Ichi Cloud + 50 MA.
If we have a confirmed breakout of this Support Node we can initiate a short position
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Descending Channel Please support this idea with LIKE if you find it useful.
Price retraced of the Higher Boundary of a Descending Channel and crossed the Mid Line to downward. Currently the Mid Line serves as a resistance and if we have a confirmed rejection we can initiate a short position
Also if price cross the Mid Line to upward we can initiate a short position of the Higher Boundary of a Descending Channel, i case we have a confirmed rejection
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Double Top Please support this idea with LIKE if you find it useful.
Price formed a Double Top pattern. In case there is a confirmed breakout of the 50 MA we can initiate a short position.
Break back above the Horizontal Resistance should be considered as a bullish sign
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Old Update Huge Accumulation Working Out!Please support this idea with LIKE if you find it useful.
Huge accumulation we have on Monthly Chart working out and we nearly tested the Horizontal Resistance Zone. Things here might go two ways.
First option we break the Horizontal Resistance and continue upside.
Second and most likely option to take a correction at least to the Horizontal Support zone and probably to produce some ranging, because in this case we will stuck between to extremes and none of the Horizontals is expected to be broken with a first attempt
Sharing with you the old update on this Huge Accumulation situation
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Rejected of Horizontal ResistancePlease support this idea with LIKE if you find it useful.
Price was rejected by the Horizontal Resistance zone. In case there is a confirmed breakout of the Support Trendline then rejection will be confirmed and we can initiate a short position
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAUUSD | Bullish Cross is ComingPlease support this idea with LIKE if you find it useful.
We have the bullish cross between 50 and 200 MAs is coming. If price will break the Horizontal Resistance Zone the crossover will be confirmed and we can initiate a long position.
In case there is a correction to the Horizontal Support Zone we can also consider a long position, if there is a confirmed retracement
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
XAU H4 UPDATE - BEARISH CYPHERIn our previous XAU analysis, we took a look at the daily where targets such as $1800 seem nearly inevitable given market conditions. That analysis is still valid, and is linked below.
Here, we have a bearish harmonic pattern developing that I have seen very good accuracy from in the past. Something to be aware of.
Targets for a short are the legs of the harmonic. IE 1700, 1670, etc.
This pattern could be valid and only result in a small retrace to $1700 ish, the B Leg pivot point.
Alternatively, The Daily set up could prove stronger and this might not materialize at all.
Given the TD9 though, I expect we’ll at least see a small pullback here.
Good luck.
XAUUSD | Possible Rejection Please support this idea with LIKE if you find it useful.
Price is being rejected of the Horizontal Resistance and the Higher boundary of the Descending Channel. We can initiate a short position if the rejection will be confirmed. Stop-loss can be placed above the Horizontal Resistance
In case price loses the Horizontal Support we can also initiate a short position
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
usd cad We have appeared below a top from a top
and also a bottom from a bottom
if we have a falling trend line in the short term
we can execute a buy order from the specified resistance area
If your entry method does not agree with these areas, do not risk entering
If you are not satisfied with entering this way, you can tell me about that in the comments section below
XAUUSD | Rejected by Ichi CloudPlease support this idea with LIKE if you find it useful.
Price was rejected by Ichi Cloud resistance zone. So we can expect a further retracement and initiate a short position. In case the mid line of the descending channel is broken we can also initiate a short position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
GOLD, almost perfect...As you can see from the chart almost all the Fibo lines coincide with the price actions.
I deleted only 0.618.
This is only my observation.
If you want to hear about the next price actions you can watch my previous overview.
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XAUUSD | Possible Retracement Please support this idea with LIKE if you find it useful.
Price is an Ascending Channel and currently was supported by the lower boundary of the one. In case we cross the 50 MA to upward we can initiate a long position.
Setup will be invalidated if we have a breakout of the Ichi Cloud support zone.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.